Please click below to view the slides from the session held on Tuesday 17 October 2023.

Over recent months, a number of changes have been announced which will affect claims made for creative sector tax reliefs in the future.

In this edition, we provide a roundup of newsworthy items and points of interest that have arisen over past months, finishing off with Christmas party costs, their Income Tax, and National Insurance Contributions (NIC) treatment and using any exemptions.

Welcome to this special edition of our Autumn Private Client Briefing, which focuses on exploring Inheritance Tax (IHT) planning options to optimise the ways in which you can pass on your wealth.

haysmacintyre has been named as one of eprivateclient’s Top Accountancy Firms in its 2023 rankings.

Broadly speaking, if you are a member in a partnership or an LLP which has an accounting year end other than 31 March to 5 April, then you are!

Salaried Members (SM) legislation: The Upper-tier Tribunal (Tax and Chancery) (UTT) judgement on appeals by His Majesty’s Revenue and Customs (HMRC) and BlueCrest Capital Management (UK) LLP (BlueCrest) heard on 27-29 June 2023, was released on 18 September 2023. The judges confirmed that the First-tier Tribunal (FTT)’s decisions were correct and dismissed both appeals. However, the judges did provide some clarification on HMRC’s interpretation of the ‘significant influence’ exclusion which was considered too narrow. It remains to be seen if either HMRC or BlueCrest take their appeals further.

Katharine Arthur, Partner and Head of Private Client, has featured in Accountancy Age, sharing her views on the future of Capital Gains Tax (CGT), ahead of the next General Election.